This compound is primarily utilized in the field of organic electronics and photonics due to its unique optical and electronic properties. It is often employed as a key component in the development of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) devices. Its ability to absorb and emit light efficiently makes it suitable for use in display technologies and solar energy conversion systems. Additionally, its structural characteristics allow it to be integrated into various organic semiconductors, enhancing charge transport properties in electronic devices. The compound is also explored in the design of fluorescent probes and sensors for biological and chemical detection, leveraging its strong fluorescence and sensitivity to environmental changes.